Business news

Belarus, Bangladesh discuss economic, investment cooperation
During the meeting on 19 April Belarus’ Deputy Minister of Foreign Affairs Valentin Rybakov and Bangladesh State Minister for Foreign Affairs Mohammed Shahriar Alam talked over a wide range of issues on the bilateral agenda, including trade, economic and investment cooperation, and also an exchange of high-level visits...

Belarus invites Czech companies to invest in Hi-Tech Park, Great Stone Industrial Park
“The park is open to all investors who are ready to meet the conditions of bringing in a certain amount of investment and developing manufacturing projects in the areas outlined as the preferential ones. These are, first of all, science-intensive areas, high technologies, biotechnologies: everything that meets the requirements,” said Yevgeny Shestakov...

Belarus, Serbia actively develop all-round cooperation
The Serbian minister commended the level of Belarus-Serbia economic cooperation. According to him, friendly ties between the two countries hold great promise. Goran Knezevic highlighted that the countries need to increase trade, implement joint long-term projects and set up new ones. He also pointed to the contribution of the Belarusian and Serbian chambers of commerce and industry to the promotion of bilateral cooperation...

Belarus-Czech commission on economic and industrial cooperation to meet in Prague
“On 16-17 May Prague will play host to a meeting of the Belarusian-Czech mixed commission on economic, industrial and sci-tech cooperation. The mixed commission and its six working groups are ready to consider any business proposals regarding both the implementation of concrete projects and the improvement of doing business conditions on the territory of the two countries, as well as the search for possible partners,” said Yevgeny Shestakov...

Belarus-Serbia trade up almost five times thanks to FTA
“Serbia occupies a special position among Belarus’ trade and economic partners. It is the only non-former-Soviet country with which Belarus has a free trade agreement. Over the past seven years Belarus-Serbia trade has increased almost five times,” said Vladimir Koltovich. He, however, took note of a slight decline in mutual trade last year and expressed confidence that this decrease will be rectified next year...

Belarus invited to take active part in MSV in Brno
Deputy Minister of Industry and Trade of the Czech Republic Jiri Koliba told...

Belarus attaches priority attention to economic cooperation with Serbia
The minister took note of the recent positive momentum in the bilateral visits at the supreme and high levels. The visit of the Belarusian delegation to Belgrade and the meeting of the business council and the intergovernmental Belarus-Serbia commission on trade and economic cooperation are a logic continuation of intensive interstate dialogue which will help fulfill the potential of the Belarusian-Serbian cooperation...

Bonn to host Germany-Belarus cooperation forum 19 April
The program of the event will include a forum with the greeting speeches from the organizers, Ambassador Extraordinary and Plenipotentiary of Belarus to Germany Denis Sidorenko and reports of experts on the state and prospects of the German-Belarusian economic cooperation, German export credit guarantees Euler Hermes, opportunities and intercultural doing business peculiarities...

CTBTO Executive Secretary to visit Belarus 18-20 April
Executive Secretary of the Preparatory Commission of the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO) Lassina Zerbo will visit Belarus on 18-20 April. Lassina Zerbo is set to hold a series of high-level meetings and participate in the roundtable organized by the Ministry of Foreign Affairs on confidence-building measures in the field of non-proliferation and disarmament. An exchange of views will be held on the CTBTO’s future priorities and measures for strengthening the international nuclear non-proliferation regime...

CSTO Military Committee to sit in Minsk on 19 April
The event is expected to gather chiefs of the general staffs of the armed forces of Armenia, Belarus, Kazakhstan, Russia, Tajikistan, the first deputy chief of the general staff of the Kyrgyz army, and the chief of the CSTO joint staff...

Lukashenko concerned over Belarus-China trade imbalance
“I am very concerned, and you have probably noticed this, over the imbalance in our bilateral trade. I would like to ask you to pay serious attention to this issue within the framework of the Belarusian-Chinese intergovernmental committee for cooperation, and at the level of the heads of government of the two countries, MPs,” Alexander Lukashenko said...

Preliminary agreements on China CITIC Bank’s work in Belarus reached
The head of state deems it necessary to step up cooperation in finance. “Belarus is interested in the involvement of Chinese companies in the banking sector. There are preliminary agreements on China CITIC Bank’s branching out into the Belarusian market. Now we need permission from the authorized agencies of China,” Alexander Lukashenko said...

Plans to make UAVs, lasers in China-Belarus industrial park Great Stone
The official said: “There are only eight resident companies in our industrial park for now. We intend to double or even triple the number. We and our Chinese partners even have this formula — 20-10-5. The number of resident companies is supposed to reach 20 by the end of the year. Ten of them are expected to start building their facilities in the park. Five companies are expected to start manufacturing by then”...

Universal Postal Union pleased with Belarus’ online trade accomplishments
Universal Postal Union (UPU) Director General Bishar Abdirahman Hussein assured that in the course of implementing digital transformation projects Belarus can count on support of the Universal Postal Union...

Inter-parliamentary groups of Belarus, China to intensify economic cooperation
“We have discussed the role of the inter-parliamentary groups and agreed to intensify their work, especially in the trade and economic relations, investment cooperation and the implementation of important joint projects,” said Vladimir Andreichenko...

Ten new Chinese companies eager to become residents of China-Belarus industrial park
The official specified that four companies had just started the registration procedure. Among them are manufacturers of residential-grade lighting equipment and crystal ware. This way the investors are responding to the infrastructure that has been created in the China-Belarus industrial park Great Stone and are appreciating the business operation terms...

Prime minister notices positive trends in Belarusian economy
Andrei Kobyakov said: “A number of indicators in Q1 2017 demonstrated that positive changes are happening in the economy. These indicators stem from specific ‘brooklets’, including the enterprises we are visiting today.” The prime minister stressed that during the working trip he primarily paid attention to the financial state of enterprises...

Zoomlion to build utility vehicles equipment factory in China-Belarus industrial park
The groundbreaking ceremony for the new factory is scheduled for 15 April. There are plans to invest about $45 million in building the factory in the China-Belarus industrial park Great Stone. The factory is supposed to start making equipment in 2019. The factory will make Chinese-design mounted equipment for municipal vehicles and road construction machines...

Ninety companies from seven countries to partake in MILEX 2017
The previous editions of the expo have shown a growing interest in the Belarusian expo from the world’s manufacturers of military equipment. Ninety companies from Belarus, Germany, Kazakhstan, China, Russia, Slovakia and Ukraine have already confirmed their participation. We have also received confirmations from 20 official delegations from 11 countries, including Azerbaijan, Bangladesh, Egypt, Kyrgyzstan, China, Nigeria, and Russia...

Belarus, Finland to step up economic cooperation
The Finnish minister held meetings with Belarus’ First Vice Premier Vasily Matyushevsky, Energy Minister Vladimir Potupchik, and Deputy Minister of Foreign Affairs Oleg Kravchenko. The talks highlighted the ways of intensifying trade, economic and innovative cooperation between the two countries, and also the implementation of big investment energy projects in Belarus...